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Africa's mining layoffs herald social crisis
Published Sun, Sep 13, 2015 · 09:50 PM
Johannesburg
AS mining companies in resource-rich Africa bleed jobs due to plunging commodity prices, the ripple effect of redundancies has raised concern about social unrest amid declining economic growth.
Top mineral-producing countries like South Africa, Zambia and the Democratic Republic of Congo have seen cash-squeezed companies slash workforces, shut operations and reduce capacity.
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